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View Full Version : House Foreclosed, trying to buy back from Fanni


tammytiger
05-13-2006, 08:10 AM
Cincinnati, Ohio.
Does anyone know any lenders that can help refi after the house has been foreclosed on. Or a real estate investor?

My husband didn't know the house was foreclosed. If I would have told him earlier this might have been easier to deal with, but we are willing to do what ever it takes to stay in our home.

Tammy Harris
tammytigerromanc@aol.com

elklaw
05-28-2006, 12:05 PM
He did not know the house was foreclosed on? I doubt that. Maybe he did not want to know. Some states have homeowner redemption rights with foreclosrues. Otherwise, you have to negotiate with who owns the property or their designee. There are hard money lenders who may loan you money, but usually, it is hard to get any more than 60ltv (60% of the value of the home). Also, unless you are in a redemption state, you basically would be buying the house, like as in purchasing the house again. Consult a local real estate attorney for more advice.

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